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AAA credit rating could go. (Read 5119 times)

Bobby.

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Re: AAA credit rating could go.
Reply #45 - Mar 7^th, 2013 at 8:07pm

red baron wrote on Mar 2^nd, 2013 at 5:33pm:

Our National Debt as of 30 seconds ago 174 billion and rushing towards the next billion.

Your share, even if you are 1 day old? Almost 21 thousand dollars.

Triple AAA? If we keep going the way we are under LABOR, forever borrowing from China we will all be sitting on a corner with a tin cup out.

Hi Baron - it's a real worry -
we want the debt clock to be decreasing not increasing.

Also - if we lose this AAA rating -
then what are the consequences for our savings & the economy in general?

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Sir lastnail

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Re: AAA credit rating could go.
Reply #46 - Mar 7^th, 2013 at 10:42pm

Bobby. wrote on Mar 7^th, 2013 at 8:07pm:

red baron wrote on Mar 2^nd, 2013 at 5:33pm:

Hi Baron - it's a real worry -
we want the debt clock to be decreasing not increasing.

Also - if we lose this AAA rating -
then what are the consequences for our savings & the economy in general?

Also just heard on lateline business that Australia is no longer considered the safe haven for foreign investors money as it used to be. It now has to compete with the likes of Indonesia which has massive resources riches. Australia is no loner the economic envy of the world Wink

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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Bobby. Gold Member Offline Australian Politics Posts: 104688 Melbourne Gender:	Re: AAA credit rating could go. Reply #47 - Mar 7^th, 2013 at 11:12pm Yes Nail, & the debt clock keeps ticking: http://www.australiandebtclock.com.au/ Notice it always goes up - never down.
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Sir lastnail

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Re: AAA credit rating could go.
Reply #48 - Mar 7^th, 2013 at 11:15pm

Bobby. wrote on Mar 7^th, 2013 at 11:12pm:

Yes Nail,
& the debt clock keeps ticking:

http://www.australiandebtclock.com.au/

Notice it always goes up - never down.

With all of these people such as John Smith and ian making millions from property deals without doing any work you'd think the clock should be going backwards by now !! Strange eh Grin

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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Bobby.

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Australian Politics

Posts: 104688
Melbourne
Gender: male

Re: AAA credit rating could go.
Reply #49 - Mar 8^th, 2013 at 6:50pm

Sir lastnail wrote on Mar 7^th, 2013 at 11:15pm:

Bobby. wrote on Mar 7^th, 2013 at 11:12pm:

Yes Nail,
& the debt clock keeps ticking:

http://www.australiandebtclock.com.au/

Notice it always goes up - never down.

With all of these people such as John Smith and ian making millions from property deals without doing any work you'd think the clock should be going backwards by now !! Strange eh Grin

That's right Nail,
we just go further & further down the plug hole.

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